Posted September 23, 2021
GAP Provider Liability Realignment
Progressive Insurance had deemed our client’s 2019 Nissan Sentra a Total Loss and offered him a settlement of $16,486.30. Progressive settlement pass-through GAP Provider deductions of $451.48 left our client with a lagging balance due Capital One.
We successfully settled the claim for $19,125.00. The revised settlement satisfied our clients $451.48 liability to Capital One, provided him with a return of his equity and reduced the GAP Provider liability to Zero.
Net settlement increase was $2,638.70 or 16.0%